NOT LISTED FOR SALE

128 Water Pointe Ct Unit 128 Midlothian, VA 23112

Estimated Value: $255,000 - $296,000

2 Beds
2 Baths
1,196 Sq Ft
$325/mo HOA Fee

Last Sold February 26, 2016

Last sale price $127,500 $107 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,966/month

12 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Community Lake
  • Cosby High School Rated A
  • Water Access
  • 4-minute walk to East West Legacy Park

About This Home

As of February 2016

Very nice unit well maintained. Aside from a little carpet work and touch up, it is ready to be lived in . Lake front. 2nd floor . great views.

Last Agent to Sell the Property

Steven Overgard

Weichert Brockwell & Associate License #0225245107 Listed on: 01/27/2016

Weichert Brockwell & Associate

Last Buyer's Agent

Rene Welvaert

Fathom Realty Virginia License #0225113893

Fathom Realty Virginia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1986

Lot Details

  • Lake Front

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Factory Built Fireplace
  • Dining Area
  • Water Views
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Rear Porch

Schools

  • Clover Hill Elementary School
  • Tomahawk Creek Middle School
  • Cosby High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 128
  • Assessor Parcel Number 721-672-16-77-00014

Community Details

Overview

  • Water Pointe Condo Subdivision
  • Community Lake
  • Pond in Community

Recreation

  • Boat Dock
  • Community Playground
  • Community Pool
  • Park
  • Trails

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,260

Year Built

Built in 1986

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1986
  • Ownership: REO
  • Subdivision Name: Water Pointe Condo
  • Architectural Style: Transitional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Factory Built
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, High Speed Internet, Bath in Primary Bedroom, Cable TV, Wired for Data
  • Living Area: 1196.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Dock, Home Owners Association, Lake, Playground, Park, Pond, Pool, Trails/Paths
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 721-672-16-77-00014
  • Zoning Description: C2 - NEIGHBORHOOD BUS DIST
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1259.52
  • Tax Lot: 128

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 19, 2016
Sold by
Wilmington Trust National Association Tr
Bought by
Robert Edward T
Seller's Agent
Steven Overgard
Weichert Brockwell & Associate
Buyer's Agent
Rene Welvaert
Fathom Realty Virginia
List Price
$127,500
Sold Price
$127,500
Current Estimated Value
$276,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,335
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
Jan 27, 2016
Closed on
Jan 18, 2016
Sold by
Equity Trustees Llc A Virginia Limited L
Bought by
Wilmington Trust National Association As and Structured Asset Mortgage Investments Ii
Seller's Agent
Steven Overgard
Weichert Brockwell & Associate
Buyer's Agent
Rene Welvaert
Fathom Realty Virginia
List Price
$127,500
Sold Price
$127,500

Purchase Details

Closed on
May 10, 2007
Sold by
Alexander Robert
Bought by
Sullivan Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robert Edward T $127,500 Attorney
Wilmington Trust National Association As $100,586 None Available
Sullivan Wayne $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Wayne $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $127,500 0.0% $107 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $127,500 -- $107 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,079 $232,700 $50,000 $182,700
2024 $2,079 $209,400 $50,000 $159,400
2023 $1,803 $198,100 $45,000 $153,100
2022 $1,518 $165,000 $40,000 $125,000
2021 $804 $161,400 $40,000 $121,400
2020 $1,480 $155,800 $40,000 $115,800
2019 $1,383 $145,600 $40,000 $105,600
2018 $1,283 $135,100 $36,000 $99,100
2017 $1,253 $130,500 $36,000 $94,500
2016 $1,145 $119,300 $35,000 $84,300
2015 $1,260 $131,200 $38,000 $93,200
2014 $1,260 $131,200 $38,000 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1602370

Central Virginia Regional MLS

APN: 721-67-21-67-700-014